U.S. Bancorp (NYSE:USB) gained 1.15% in yesterday's session, going up from its prior closing price of $53.15 to $53.76. About shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since October 6, 2016 and is uptrending. However, the company boasts an impressive earnings surprise history. A month ago, they told us to expect earnings of US$0.19 per share while three months ago their EPS consensus estimate was US$0.18. RBC Capital Markets has "Buy" rating and $5500 target.
A number of other equities analysts have also commented on TBBK.
Among 28 analysts covering U.S. Bancorp (NYSE:USB), 7 have Buy rating, 2 Sell and 19 Hold. The Company's banking subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets.
The analysts offering 12 month price targets for Old Second Bancorp, Inc. have a median target of $13, with a high estimate of $13 and a low estimate of $11.5. Argus Research upgraded U.S. Bancorp (NYSE:USB) on Thursday, July 20 to "Buy" rating. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company. They now have a Dollars 16 price target on the stock. Welch & Forbes Llc acquired 24,393 shares as Us Bancorp Del (USB)'s stock declined 6.89%. The firm has a 50-day moving average price of $52.26 and a 200-day moving average price of $52.00. The company's market cap is $88.73 Billion, and the average volume is 5.34 Million. Orrstown Fincl Service invested 0.17% in U.S. Bancorp (NYSE:USB).
U.S. Bancorp (NYSE USB) opened at 53.76 on Friday. The financial services provider reported $0.85 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.01.
Analysts believe that the company has the potential to earn average revenue of $5.6 Billion for the current quarter. Somerset Gru Ltd Liability Co owns 13.62% invested in U.S. Bancorp (NYSE:USB) for 283,298 shares. The company's quarterly revenue was up.7% compared to the same quarter previous year. During the same quarter in the previous year, the firm posted $0.82 EPS. Equities research analysts predict that U.S. Bancorp will post $3.42 EPS for the current fiscal year. $740,539 worth of U.S. Bancorp (NYSE:USB) was sold by GODRIDGE LESLIE V on Wednesday, May 3. If you are reading this story on another site, it was illegally copied and republished in violation of USA & worldwide trademark and copyright legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2017/10/06/pioneer-investment-management-inc-has-222-19-million-position-in-u-s-bancorp-usb.html. Shareholders of record on Friday, September 29th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, September 28th. Bank of New York Mellon Corp raised its stake in The Bancorp by 8.6% during the first quarter. U.S. Bancorp's dividend payout ratio (DPR) is 36.04%. Finally, Wells Fargo & Company assumed coverage on U.S. Bancorp in a research note on Wednesday, August 9th. This repurchase authorization authorizes the financial services provider to repurchase up to 3% of its shares through open market purchases. 4,492,829 shares of the company's stock traded hands.
Several large investors have recently modified their holdings of the business. Janus Henderson Group PLC boosted its position in U.S. Bancorp by 5,598.0% during the 2nd quarter. They now have a $48.00 target price on the financial services provider's stock. Rockefeller Fincl Services Inc accumulated 20,936 shares. Park National Corp OH now owns 625,900 shares of the financial services provider's stock valued at $33,542,000 after buying an additional 8,362 shares during the period. TIAA CREF Investment Management LLC raised its holdings in U.S. Bancorp by 1.1% in the first quarter. New England Asset Management Inc. now owns 26,571,846 shares of the financial services provider's stock valued at $1,368,451,000 after acquiring an additional 9,150,126 shares in the last quarter. Reynders Mcveigh Capital Mngmt Ltd Liability Corporation has invested 0.14% in U.S. Bancorp (NYSE:USB). Shelton Capital Management now owns 133,200 shares of the financial services provider's stock worth $6,860,000 after purchasing an additional 45,116 shares in the last quarter.
Let's have a look at some of the important valuation ratios of the U.S. Bancorp (USB).